Taxes
- Assessed Value: $3,985,560
- Assessed Year: 2025
- Assessed County: Shelby
- APN: 07-7027-0-0015
- Assessed Land Value: 1802760
- Market Land Value: 4506900
- Tax Amount: 107211.56
- Tax Year: 2025
- Market Value: 9963900
- Market Year: 2025
1056 E Raines Rd; Memphis, TN Property Details
Off market
4049 S Highway 51 Memphis, TN 38116
$3,985,560 Estimated Value
318,661 SqFt
Property Type
Shopping Center/mallProperty Details
Summary
- Owners / Type: 1 / Trust
- Owner Status: Trust
- Year Built: 1968
- APN: 07-7027-0-0015
- Situs County: Shelby
Structure
- Building Style: Frame
- Stories: 1
- Exterior Wall Type: Brick veneer
- Building Condition: Average
- Building Quality: C
Measurements
- Total: 318,661/SqFt
- Lot: 1,172,635/SqFt
- Gross: 318,661/SqFt
- Living: 318,661/SqFt
- Building: 318,661/SqFt
- Ground: 308,581/SqFt
Legal Description
- Description: W S HWY 51 S & N S RAINES RD
Building Insights
Land Information
- Property Type: Shopping Center/Mall
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Shelby County School District
- Lat / Lon: 35.037136 / -90.028
- Property Class: Commercial
- Zoning: CMU-3
- County Use Code: 039
Amenities
- Heating Fuel Type: Gas
- Cooling: Central
- Heating: Yes
Ownership Info
4049 S Highway 51 has no associated ownership info
4049 S Highway 51 has no associated ownership info.
Taxes
4049 S Highway 51 has 10 associated Taxes items
1056 E Raines Rd, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $3,985,560. The APN we've located for 1056 E Raines Rd is 07-7027-0-0015.
Unlock the full reportTax History
4049 S Highway 51 has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $3,985,560 | Land Value $1,802,760 | Improvement Value $2,182,800 | Tax Amount $107,211.56 | Change Rate -0.20649% | Assessed CR | Tax Rate +0.0269% |
| Year 2024 | Assessed Value $4,651,840 | Land Value $1,802,760 | Improvement Value $2,849,080 | Tax Amount $135,110.48 | Change Rate | Assessed CR | Tax Rate +0.029045% |
| Year 2023 | Assessed Value $3,985,560 | Land Value $1,802,760 | Improvement Value $2,182,800 | Tax Amount $135,110.48 | Change Rate -0.4435% | Assessed CR | Tax Rate +0.0339% |
| Year 2022 | Assessed Value $3,985,560 | Land Value $1,802,760 | Improvement Value $2,182,800 | Tax Amount $242,785.95 | Change Rate -0.011587% | Assessed CR | Tax Rate +0.060916% |
| Year 2021 | Assessed Value $3,985,560 | Land Value $1,802,760 | Improvement Value $2,182,800 | Tax Amount $245,632.02 | Change Rate -0.101964% | Assessed CR | Tax Rate +0.06163% |
| Year 2020 | Assessed Value $3,774,800 | Land Value $1,383,480 | Improvement Value $2,391,320 | Tax Amount $273,521.47 | Change Rate +1.267214% | Assessed CR | Tax Rate +0.07246% |
| Year 2019 | Assessed Value $3,774,800 | Land Value $1,383,480 | Improvement Value $2,391,320 | Tax Amount $120,642.09 | Change Rate | Assessed CR | Tax Rate +0.03196% |
| Year 2018 | Assessed Value $3,774,800 | Land Value $1,383,480 | Improvement Value $2,391,320 | Tax Amount $120,642.08 | Change Rate -0.023077% | Assessed CR | Tax Rate +0.03196% |
| Year 2017 | Assessed Value $3,774,800 | Land Value $1,383,480 | Improvement Value $2,391,320 | Tax Amount $123,491.86 | Change Rate +0.390166% | Assessed CR | Tax Rate +0.032715% |
| Year 2016 | Assessed Value $2,612,720 | Land Value | Improvement Value | Tax Amount $88,832.48 | Change Rate -0.221968% | Assessed CR | Tax Rate +0.034% |
| Year 2014 | Assessed Value $2,612,720 | Land Value | Improvement Value | Tax Amount $114,175.86 | Change Rate +0.33006% | Assessed CR | Tax Rate +0.0437% |
| Year 2011 | Assessed Value | Land Value | Improvement Value | Tax Amount $85,842.64 | Change Rate | Assessed CR | Tax Rate |